宋城演艺(300144) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥85,304,051.99, a decrease of 72.16% compared to ¥306,452,312.38 in the same period last year[3]. - The net profit attributable to shareholders was -¥38,586,476.70, representing a decline of 129.15% from ¥132,387,788.43 year-on-year[3]. - The company reported total revenue of RMB 85.30 million for Q1 2022, a decrease of 72.16% compared to the same period last year[12]. - The net profit attributable to shareholders was a loss of RMB 38.59 million, representing a decline of 129.15% year-over-year[12]. - Net profit for Q1 2022 was a loss of ¥46,049,837.97, compared to a profit of ¥128,506,717.13 in Q1 2021, representing a significant decline[17]. - The company reported a comprehensive loss of ¥31,423,573.02 for Q1 2022, compared to a comprehensive income of ¥126,659,688.80 in the same period last year[18]. Cash Flow - The net cash flow from operating activities decreased by 75.66%, amounting to ¥21,029,863.93 compared to ¥86,395,031.59 in the previous year[3]. - Cash flow from operating activities was ¥85,458,493.18 in Q1 2022, down 61.24% from ¥220,865,210.15 in Q1 2021[19]. - Total cash inflow from operating activities was CNY 113,810,315.56, down from CNY 231,928,802.03, indicating a decline of 50.9%[20]. - Cash outflow from operating activities totaled CNY 92,780,451.63, compared to CNY 145,533,770.44, reflecting a decrease of 36.3%[20]. - The net cash flow from investing activities was -CNY 610,672,657.51, worsening from -CNY 476,659,639.67 year-over-year[20]. - The net cash flow from financing activities was -CNY 6,454,284.42, compared to -CNY 19,580,019.07 in the previous year, showing an improvement[21]. - The ending balance of cash and cash equivalents was CNY 1,260,262,943.20, down from CNY 928,837,026.42 year-over-year[21]. - The company reported a decrease in cash and cash equivalents by CNY 598,484,920.84 during the quarter[21]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥9,714,380,354.25, a decrease of 1.14% from ¥9,826,508,029.84 at the end of the previous year[3]. - The company's total assets amounted to RMB 9.71 billion, down from RMB 9.83 billion at the beginning of the year[14]. - The company’s total liabilities decreased to ¥1,787,614,936.35 from ¥1,871,297,829.70, reflecting a reduction of 4.46%[17]. - Total equity attributable to shareholders was ¥7,623,786,451.65, down from ¥7,644,770,822.36, indicating a slight decrease of 0.28%[17]. - The company reported a decrease in accounts payable from RMB 481.95 million to RMB 419.78 million[14]. Research and Development - The company's R&D expenses decreased by 34.42% due to intermittent closures of scenic spots caused by the pandemic[8]. - Research and development expenses for Q1 2022 were ¥6,507,494.64, a decrease of 34.36% from ¥9,922,505.68 in the same period last year[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 72,173, with the largest shareholder holding 29.48% of the shares[10]. - The largest shareholder, Hangzhou Songcheng Group, holds 770,835,254 shares, accounting for 29.48% of the total shares[10]. Strategic Outlook - The company plans to continue implementing its short, medium, and long-term strategies to maintain strength and development amid uncertainties[12]. - The company aims to adhere to the "Songcheng model" for future growth and resilience[12]. Other Financial Metrics - The company’s diluted earnings per share for the reporting period was -¥0.0148, a decline of 129.25% from ¥0.0506 in the same period last year[3]. - Basic and diluted earnings per share for Q1 2022 were both -0.0148, compared to 0.0506 in Q1 2021[18]. - The company reported a 101% increase in advance receipts, primarily due to pre-collection of rental fees during the reporting period[6]. - The company reported a 100% increase in cash paid for investments, primarily due to increased purchases of financial products[9]. - Total operating costs for Q1 2022 were ¥172,009,350.95, down 6.67% from ¥182,954,559.40 year-over-year[16]. Audit Status - The first quarter report was not audited[22].